Alert: New Earnings Report (11/20/23)-RGC Resources Inc (NASDAQ: RGCO).

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For its fourth fiscal quarter (ending September 30), RGC Resources Inc (NASDAQ: RGCO) has reported E.P.S. of $0.10 compared to $-1.16 a year ago. This performance was $0.12 better than the consensus estimate of $-0.02. E.P.S. were $1.14 for the latest four quarters through September 30 versus $-3.48 for the same period a year ago.

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Recent Price Action

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RGC Resources Inc (NASDAQ: RGCO) stock declined slightly by -0.2% on 11/20/23. The stock closed at $16.87. The stock has been weak relative to the market over the last nine months but has risen 7.5% during the last week.

Current PriceTarget Research Rating

RGCO is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

RGC Resources has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. RGC Resources has a poor Power Rating of 26 and a poor Appreciation Score of 19, and the Lowest Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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